Millcon Steel PCLBKK:MILL-R Interest Coverage is 0.19 as of Sep. 2025, which is 64% below its 10-year median of 0.53. The stock has 8 warning signs investors should review. Among 458 Steel companies, Millcon Steel PCL ranks worse than 218340.39% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Millcon Steel PCL's
Operating Income
for the
three
months ended in Sep. 2025 was ฿40 Mil. Millcon Steel PCL's Interest Expense for the
three
months ended in Sep. 2025 was ฿-211 Mil.
Millcon Steel PCL's interest coverage for the quarter that ended in Sep. 2025 was 0.19.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Millcon Steel PCL's Interest Coverage or its related term are showing as below:
BKK:MILL-R's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.445 * Ranked among companies with meaningful Interest Coverage only.
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Millcon Steel PCL Interest Coverage Related Terms
Millcon Steel PCL Interest Coverage Historical Data
* Premium members only.
The historical data trend for Millcon Steel PCL's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
BKK:MILL-R vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Millcon Steel PCL's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Millcon Steel PCL Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Millcon Steel PCL's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Millcon Steel PCL's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Millcon Steel PCL (BKK:MILL-R) has a Interest Coverage of 0.19 as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Millcon Steel PCL and its competitors. This is 64% below median its historical median of 0.53. According to the industry distribution chart, Millcon Steel PCL ranks #999999 out of 458 companies in the Steel industry.
Is Millcon Steel PCL's Interest Coverage too high?
Millcon Steel PCL's current Interest Coverage of 0.19 is 64% below median its 10-year median of 0.53. The Steel industry median Interest Coverage is 4.45. Millcon Steel PCL's value of 0.19 is 95.7% below this industry median. Based on the distribution chart, Millcon Steel PCL ranks #999999 out of 458 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Millcon Steel PCL's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Millcon Steel PCL ranks #999999 out of 458 companies for Interest Coverage. This places Millcon Steel PCL in the lower half of its industry. The industry median Interest Coverage is 4.45. Millcon Steel PCL's value of 0.19 is 95.7% below this benchmark. While the company's 10-year median is 0.53 vs. the industry median of 4.45, Millcon Steel PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 458 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Millcon Steel PCL's current Interest Coverage of 0.19 is 95.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Millcon Steel PCL and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millcon Steel PCL's current Interest Coverage is 0.19, which is 64% below median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millcon Steel PCL stock overvalued right now?
Millcon Steel PCL (BKK:MILL-R) has a current Interest Coverage of 0.19. The current Interest Coverage is 0.19, which is 64% below median its 10-year median of 0.53 and 95.7% below the Steel industry median of 4.45. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Millcon Steel PCL (BKK:MILL-R), the current Interest Coverage is 0.19 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Millcon Steel PCL principal activity is manufacturing and trading of steel. The reportable segments of the company are the Manufacturing segment and Trading segment. The company generates majority of revenue from Manufacturing segment. The vast majority of its revenue comes from the Domestic Market. Its products and services are REINFORCING STEEL BARS, ROUND STEEL BARS, REINFORCING STEEL BARS (THREADED TYPE), WIRE, STEEL PIPE, C-SHAPED STEEL, GALVANIZED STEEL.
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